Mris3rdquarter2009
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In Caroline County, VA from October 1-31, 2009: - 34 residential units were sold with an average price of $175,605, down 7% from 2008. - The number of active residential listings was 306, with an average time on the market of 127 days. - 62 new properties were listed and 29 properties went under contract for the month.
Mris3rdquarter2009
- 1. Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator - <$30K to >$500K Format Caroline County, VA From: 10/01/2009 to 10/31/2009 Statistics generated on: 11/09/2009 Residential Unit Sales Active Listings Time on Market Number of Bedrooms Condo Condo 2 4 Residential of Units Sold Price Class Coop and Coop and Or Less 3 or More (No. of Units) Ground Rent Ground Rent Under $30,000 0 0 0 0 0 0 1 -30 Days 8 $30,000-$39,000 0 0 0 0 0 0 31-60 Days 8 $40,000-$49,999 0 0 0 0 1 0 61 - 90 Days 2 $50,000-$59,999 0 0 0 0 2 0 91-120 Days 4 $60,000-$69,999 0 0 0 0 1 0 Over 120 Days 12 $70,000-$79,999 0 0 0 0 4 0 Total 34 $80,000-$89,999 1 0 0 0 3 0 $90,000-$99,999 0 0 1 0 6 0 Type of Financing of Units Sold $100,000-$119,999 0 1 1 0 12 0 (No. of Units) $120,000-$139,999 1 4 0 0 29 0 Conventional 12 $140,000-$159,999 1 5 1 0 35 0 FHA 13 $160,000-$179,999 0 0 4 0 32 0 VA 4 $180,000-$199,999 0 3 1 0 34 0 Assumption 1 $200,000-$249,999 0 2 4 0 54 0 Cash 2 $250,000-$299,999 0 1 2 0 39 0 Owner Finance 0 $300,000-$399,999 0 1 0 0 31 0 All Other 2 $400,000-$499,999 0 0 0 0 7 0 Unreported 0 Over $500,000 0 0 0 0 16 0 Total 34 Totals 3 17 14 0 306 0 Grand Totals 34 306 Total Number of NEW listings taken for the month: 62 % Total Number of Properties 2009 2008 Change $ $ Total Sold Dollar Volume: - 9.68 % 5,970,581 6,610,437 marked Contract for the Average Sold Price: $ 175,605 $ 188,870 - 7.02 % 29 month: Median Sold Price: $ 167,500 $ 170,000 - 1.47 % Total Number of Properties Total Units Sold: 34 35 - 2.86 % Average Days on Market: 127 137 - 7.30 % Average List Price for Solds: $ 193,278 $ 219,014 - 11.75 % marked Contingent for the 15 Avg Sale Price as a percentage month: 90.86 % 86.24 % of Avg List Price: Total Number of NEW pendings (CONTRACTS + 44 CONTINGENTS): Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data Copyright 2009 - Information deemed reliable, but is not guaranteed.